That Old Chestnut......

solarsailor · 26th March 2024, 09:47

....and by that I mean car insurance. In recent months stories about skyrocketing premiums have appeared all over the news, and as mine is due again next month I've been dreading getting my renewal quote. Well this morning it arrived by email, which I opened with great trepidation, and my jaw dropped when I saw that the price had actually gone down from £158 last time round to £153 for the upcoming year. Not sure why and I'm now in total shock, so I think I'd better go and have a lie down.

planenut · 26th March 2024, 12:00

Quote:

Originally Posted by solarsailor

....and by that I mean car insurance. In recent months stories about skyrocketing premiums have appeared all over the news, and as mine is due again next month I've been dreading getting my renewal quote. Well this morning it arrived by email, which I opened with great trepidation, and my jaw dropped when I saw that the price had actually gone down from £158 last time round to £153 for the upcoming year. Not sure why and I'm now in total shock, so I think I'd better go and have a lie down.

Lucky you, grab that certificate while you can.

Rogue · 26th March 2024, 16:23

Have just renewed mine recently but the quote went up by over 50% however a quick call got the quote down to less than last years.. Robbing bar stewards!

wraymond · 26th March 2024, 17:13

Amazing, if you would be so kind as to reveal (by pm or email if you like), details of car/cover I would be greatly obliged.

solarsailor · 26th March 2024, 23:07

Quote:

Originally Posted by wraymond

Amazing, if you would be so kind as to reveal (by pm or email if you like), details of car/cover I would be greatly obliged.

It's no secret. Insured fully comp with NCD protection and windscreen cover and courtesy car during repair (yes I know it will be written off for the smallest scratch) but without the other bells and whistles like breakdown cover etc. Company is quotemehappy.com

polinsteve · 27th March 2024, 10:13

I have just been gobsmacked. I just got a quote from your company, £849.28

That is with a clear licence, accident free, full no claim and IAM. At about £650 higher than my present company, I think they are having a laugh.

wraymond · 27th March 2024, 11:03

'They' certainly are. 'We' are now conditioned to expect huge increases in virtually everything. We value our cars as other clubs do with their marques. Yet when you look at values in resale markets, suddenly it's rather different. Time for 3rd Party only? Unless we have 'agreed value' cover it's pointless kidding ourselves.
I spent 25 years in selling/admin/claims Motor insurance amongst other things and am (was!) aware of such things as inertia selling. The market benefits hugely from customer inertia and I now consider my renewal a full month prior to the due date. Then try the old insurer with the alternatives. Do not leave it to the last minute. Think of it as an eleven month policy.

xsport · 27th March 2024, 14:20

I did just that ray with mine. 28 days prior to renewal quotes from compare the market and money supermarket brought mine down by 35%. Did not bother to wait for my renewal quote ,with my existing insurer as they are coming out later than normal . I took the insurance on offer whilst i could. This seems to be a normal trend that is happening from renewal quotes , from your existing company , as they know that prices increase rapidly towards the renewal date. Took your advice ray .. glad i did ..

Francophile · 27th March 2024, 16:42

I am in the process of finding new quotes for fully comp insurance. The AA just raised mine by a sniff under 70%, and me a Gold Member with 25 years claim free! You couldn't make it up!
After Easter I will give the AA an opportunity to do the decent thing, but meanwhile I'm trawling the 'industry', more in hope than anticipation. My first try came in nearly double the AA's inflated offer. Are they all in league, I wonder.
Derek.

wraymond · 28th March 2024, 09:04

Quote:

Originally Posted by Francophile

I am in the process of finding new quotes for fully comp insurance. The AA just raised mine by a sniff under 70%, and me a Gold Member with 25 years claim free! You couldn't make it up!
After Easter I will give the AA an opportunity to do the decent thing, but meanwhile I'm trawling the 'industry', more in hope than anticipation. My first try came in nearly double the AA's inflated offer. Are they all in league, I wonder.
Derek.

In short, yes, frequently. In the 'City' they all use the same pubs etc. They are what used to be known as the Vine. Not necessarily producing grapes but certainly consuming plenty.

xsport p.8: Thank you.

26th March 2024, 09:47	#1
solarsailor Posted a thing or two 75 Saloon 1.8T Club SE Join Date: Jun 2016 Location: Colchester Posts: 1,225 Thanks: 87 Thanked 653 Times in 344 Posts	That Old Chestnut...... ....and by that I mean car insurance. In recent months stories about skyrocketing premiums have appeared all over the news, and as mine is due again next month I've been dreading getting my renewal quote. Well this morning it arrived by email, which I opened with great trepidation, and my jaw dropped when I saw that the price had actually gone down from £158 last time round to £153 for the upcoming year. Not sure why and I'm now in total shock, so I think I'd better go and have a lie down. __________________ This vehicle was born on Wednesday June 4th 2003 @ 08:24:38 This vehicle was the 73,905th 75 to run off the production line, out of 112,381 This vehicle was the 1,862nd 75 1.8 T Club SE to be made out of 3,980 This vehicle was the 6,856th 75 in Wedgewood Blue to be made out of 7,515 Wedgewood Blue 75s

26th March 2024, 16:23	#3
Rogue I really should get out more....... 75 CDT SE 160 Saloon Join Date: May 2017 Location: Thorpe St Andrew, Norwich Posts: 2,653 Thanks: 1,386 Thanked 1,096 Times in 774 Posts	Have just renewed mine recently but the quote went up by over 50% however a quick call got the quote down to less than last years.. Robbing bar stewards! __________________ Glutton for punishment --- Previously ... 2.6 SD1 x 2, 3.5 SD1, 820S, 820Si x2, 216 Gsi, 220T saloon, 414, 45 1.4 x2 and now a Cowley 75 CDT

26th March 2024, 17:13	#4
wraymond This is my second home 75 Auto 2.5 SE Join Date: Feb 2010 Location: Westcliff on Sea Posts: 5,193 Thanks: 423 Thanked 1,680 Times in 1,014 Posts	Amazing, if you would be so kind as to reveal (by pm or email if you like), details of car/cover I would be greatly obliged. __________________ member no. 235

27th March 2024, 11:03	#7
wraymond This is my second home 75 Auto 2.5 SE Join Date: Feb 2010 Location: Westcliff on Sea Posts: 5,193 Thanks: 423 Thanked 1,680 Times in 1,014 Posts	'They' certainly are. 'We' are now conditioned to expect huge increases in virtually everything. We value our cars as other clubs do with their marques. Yet when you look at values in resale markets, suddenly it's rather different. Time for 3rd Party only? Unless we have 'agreed value' cover it's pointless kidding ourselves. I spent 25 years in selling/admin/claims Motor insurance amongst other things and am (was!) aware of such things as inertia selling. The market benefits hugely from customer inertia and I now consider my renewal a full month prior to the due date. Then try the old insurer with the alternatives. *Do not leave it to the last minute.* Think of it as an eleven month policy. __________________ member no. 235

27th March 2024, 10:13	#6
polinsteve Gets stuck in 75 Join Date: Mar 2013 Location: UCKFIELD Posts: 502 Thanks: 35 Thanked 122 Times in 85 Posts	I have just been gobsmacked. I just got a quote from your company, £849.28 That is with a clear licence, accident free, full no claim and IAM. At about £650 higher than my present company, I think they are having a laugh.

27th March 2024, 14:20	#8
xsport Posted a thing or two rover 75 club se Join Date: Apr 2011 Location: Leicester Posts: 1,659 Thanks: 358 Thanked 419 Times in 310 Posts	I did just that ray with mine. 28 days prior to renewal quotes from compare the market and money supermarket brought mine down by 35%. Did not bother to wait for my renewal quote ,with my existing insurer as they are coming out later than normal . I took the insurance on offer whilst i could. This seems to be a normal trend that is happening from renewal quotes , from your existing company , as they know that prices increase rapidly towards the renewal date. Took your advice ray .. glad i did ..

27th March 2024, 16:42	#9
Francophile Avid contributor Rover 75 2.0 V6 Connoisseur SE Saloon Join Date: Aug 2010 Location: Hassocks, West Sussex Posts: 192 Thanks: 51 Thanked 24 Times in 15 Posts	I am in the process of finding new quotes for fully comp insurance. The AA just raised mine by a sniff under 70%, and me a Gold Member with 25 years claim free! You couldn't make it up! After Easter I will give the AA an opportunity to do the decent thing, but meanwhile I'm trawling the 'industry', more in hope than anticipation. My first try came in nearly double the AA's inflated offer. Are they all in league, I wonder. Derek.